Greece Breaks 15-Year Investment Record with €14.6 Billion Injection

Greece executed its largest public investment program in 15 years in 2025, spending a record €14.6 billion to bolster infrastructure and economic reforms, the Ministry of National Economy and Finance reported. Spending reached 100.08% of the planned budget, surpassing targets. Of the total, €6.86 billion came from EU co-financed programs and €4.9 billion from the EU’s Recovery and Resilience Facility, underscoring high absorption rates of European funds. Alternate Finance Minister Nikos Papathanasis said the figures reflect the economy's momentum. “In 2025, Greece recorded growth rates significantly higher than the eurozone average,” Mr. Papathanasis said. He noted public investment is set to rise further to €16.7 billion in 2026, rejecting complacency. Katerina Oikonomou, secretary-general for Public Investments, confirmed the program financed projects worth €14.61 billion. Ms. Oikonomou highlighted reforms prioritizing transparency and the approval of a new €16.6 billion national development plan for 2026–2030. Vasiliki Pantelopoulou, secretary-general for EU structural funds, called 2025 a milestone year. Ms. Pantelopoulou noted that 85% of available funds have been activated through project calls, with more than half already under contract. Orestis Kavalakis, head of the Recovery Fund coordination service, reported a positive balance with €5.2 billion in disbursements received. Mr. Kavalakis stated that 2026, the final year of the fund's implementation, will focus on fully utilizing remaining resources. Officials confirmed these results position Greece to enter 2026 with increased liquidity and a renewed focus on competitiveness and social cohesion. Διαβάστε περισσότερα στο iefimerida.gr